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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Swiss Franc/Hungarian Forint (FOREX:CHFHUF)

Bull Market Weakness (+75) - CHFHUF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFHUF as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFHUF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFHUF
Open High Low CHFHUF Price Change
315.01000 316.17512 313.94336 315.81057 +0.80057
Entry Signal

MarketClub’s Trade Triangles for CHFHUF

long term up The long-term trend has been UP since May 15th, 2019 at 288.19000

intermediate term up The intermediate-term trend has been UP since Dec 23rd, 2019 at 304.72591

short term down The short-term trend has been DOWN since Feb 14th, 2020 at 316.24000

Smart Scan Analysis for CHFHUF

Based on our trend formula, CHFHUF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for CHFHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
315.01000 316.17512 313.94336 315.81057 +0.80057
Prev. Close Volume Bid Ask Time
315.01000 315.50469 316.11644 2020-02-17 16:39:15
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